May 5: Gold and Silver Fall Roughly 3% and 5% on the Week

Gold gained $7.20 to $1235.50 at about 6AM EST before it fell back to $1226.20 in early afternoon New York trade, but it then bounced back higher in the last few hours of the day and ended with a gain of 0.08%. Silver rose to as high as $16.516 before it fell back $16.226, but it then rallied back higher in afternoon trade and ended with a gain of 0.43%.

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About Me

I could be considered a bleeding heart libertarian... why? Because I'm also an idealist. I'm for sound money and smaller government.

I write about precious metals markets on my blog. Please check it out and comment. The best way to learn is to engage with others who are passionate about protecting wealth during these treacherous times!

When I'm not engaging with others online about politics, I enjoy camping and spending time with my family.